Memorandum Findings of Fact and Opinion
ATKINS, Judge:
The respondent determined a deficiency in income tax of the petitioner for the year 1952 in the amount of $5,011.59. The issue is whether petitioner is entitled to a bad debt deduction in the amount of $8,000.
Findings of Fact
The petitioner is an individual residing at Ashland, Pennsylvania. He filed an income tax return for the year...
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